LAZARD INC

Ticker: LAZ CUSIP: 52110M109 Class: Stock

Ranger Investment Management, L.P.'s Holding History (CIK: 0001319691)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 582,002 Value ($000) $28,262 Avg Close $49.90 Range $46.05 - $54.96

Q3 2025

Shares 584,890 Value ($000) $30,870 Avg Close $53.93 Range $47.40 - $58.07

Q2 2025

Shares 505,385 Value ($000) $24,248 Avg Close $41.82 Range $31.97 - $48.87

Q1 2025

Shares 352,235 Value ($000) $15,252 Avg Close $49.73 Range $42.14 - $58.00

Q4 2024

Shares 356,875 Value ($000) $18,372 Avg Close $53.56 Range $47.82 - $61.14

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	582,002	$28,262	$49.90	$46.05 - $54.96
Q3 2025	584,890	$30,870	$53.93	$47.40 - $58.07
Q2 2025	505,385	$24,248	$41.82	$31.97 - $48.87
Q1 2025	352,235	$15,252	$49.73	$42.14 - $58.00
Q4 2024	356,875	$18,372	$53.56	$47.82 - $61.14